Industry Analysis & Industry Trends
The Sheep Farming industry has faced challenging trading conditions over the past five years, with significant declines in flock numbers, pressure from downstream retailers, low prices for wool and lamb, declining domestic consumption of sheep meat and a significant reduction in industry assistance due to the reforms from the Common Agricultural Policy. These factors have resulted in a consistent decline in enterprise and establishment numbers, with sheep farmers struggling to make a profit. Reflecting the falling number of establishments involved in sheep farming, the number of employees in the industry has contracted... purchase to read moree
Industry Report - Industry SWOT Analysis Chapter
The industry is in the decline phase of its life cycle, however there appears to be strong prospects for growth over the next five years, thus indicating the possible beginning of an eventual growth phase over the next five years and beyond. The first major indicator of decline has been the consistent decline UK sheep numbers of approximately 30% over the past 10 years. The decline can be attributed to a shrinking breeding stock and also the introduction of the Common Agricultural Policy in 2005 which saw the elimination of subsidies for UK sheep farmers in favour of Single Farm Payments... purchase to read more